Brief

The Financial Health Network Mobile InBrief

Although underbanked consumers in the U.S. often have insufficient access to financial services, their access to mobile phones is fairly widespread.

Thursday, August 11, 2011

Although underbanked consumers in the U.S. often have insufficient access to financial services, their access to mobile phones is fairly widespread. Learn about how mobile technologies can facilitate:

  • Acquisition of new customers who are less likely to visit the branch
  • New sources of fee income by converting cash transactions to electronic
  • Reduced fraud costs through access to deeper information about potential customers
  • Reduced fraud through real-time alerts

The Financial Health Network Mobile InBrief

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